|Published:||Jul 05, 2012 10:50 PM EDT|
|Updated:||Jul 05, 2012 11:43 PM EDT|
LEE COUNTY, Fla.- WINK News got a inside look at how a local company is impacting the world.
"What we're trying to do is make cheap energy, reliable energy, domestic energy for Americans," said Algenol CEO Paul Woods.
Woods says what they're doing in their state of the art facility is simple: make ethanol from algaeand do it inexpensively.
"A dollar a gallon I think would be really good for this country and like that it's domestic," said Woods.
Woods took us on a tour with Fort Myers City Councilwoman Theresa Watkins Brown.
"We need to break away from being so reliant on other countries to give us what we already have as far as resources," she said.
The company got a 25 million dollar grant from the federal government and 10 million dollarsfrom Lee County. Brown says the company has brought jobs to Lee Countyand will bring cheap energy to the world.
"It's amazing. It's something that everybody needs to see and know that we are working to provide them with the things that we talk about all the time," said Brown.
Algenol has partnered with major corporations that will be able to use the technology commercially by the end of 2013.
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